My Financial News from Malaysia, Taxes

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Malaysia , Thursday 16 April 2026

News Malaysia Taxes: Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit

Published on: Thursday 17 October 2024
Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit
News source: https://keyt.com/news/2024/10/18/malaysia-to-revamp-gasoline-subsidies-and-raise-taxes-in-a-bid-to-narrow-deficit/

KUALA LUMPUR, Malaysia (AP) — Malaysia will introduce new taxes and revamp gasoline, education and healthcare subsidies next year as part of aggressive reforms to narrow the country’s fiscal deficit.

News Malaysia Taxes: Low tax, high expectations: Why Malaysia must rethink its social contract — Phar Kim Beng

Published on: Sunday 01 February 2026
Low tax, high expectations: Why Malaysia must rethink its social contract — Phar Kim Beng
News source: https://www.malaymail.com/news/what-you-think/2026/02/02/low-tax-high-expectations-why-malaysia-must-rethink-its-social-contract-phar-kim-beng/207645

FEBRUARY 2 — Malaysia’s persistently low tax collection — hovering at around 13 per cent of GDP — is no longer a narrow technical issue best left to accountants or budget...

News Malaysia Taxes: JPJ might introduce RFID-embedded number plate or road tax for Malaysian vehicles

Published on: Thursday 27 January 2022
News source: https://www.msn.com/en-my/lifestyle/other/jpj-might-introduce-rfid-embedded-number-plate-or-road-tax-for-malaysian-vehicles/ar-AATe5H7

Dr Wee Ka Siong said if JPJ adopts RFID, the govt will ensure that it is compatible for toll and other purposes to avoid multiple RFID tags on one vehicle.

News Malaysia Taxes: Shafee seeking to delay LHDN’s claim to RM9.41m in tax arrears, court told

Published on: Thursday 27 January 2022
News source: https://www.malaymail.com/news/malaysia/2022/01/28/shafee-seeking-to-delay-lhdns-claim-to-rm9.41m-in-tax-arrears-court-told/2038198

The Inland Revenue Board (LHDN) has applied to the High Court here to set aside Tan Sri Muhammad Shafee Abdullah's application for a stay of proceedings in relation to the LHDN’s suit against him ...

News Malaysia Taxes: Shafee delaying our claim to RM9.4mil income tax arrears, says LHDN

Published on: Thursday 27 January 2022
News source: https://www.freemalaysiatoday.com/category/nation/2022/01/28/shafee-delaying-our-claim-to-rm9-4mil-income-tax-arrears-says-lhdn/

The Inland Revenue Board (LHDN) has appealed to the High Court here to set aside Muhammad Shafee Abdullah’s application to stay the proceedings of its suit seeking payment of income tax arrears ...